News & Analysis

Bill would force feds to recognize startupsRestricted Content

June 21, 2014
U.S. Rep. Andre Carson, D-Indianapolis, wants to help startups compete for federal contracts and obtain access to loans.
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State agency fights utility rates for electric cars

June 20, 2014
Associated Press
Indianapolis Power & Light Co. has requested a rate increase to help pay for its part in setting up charging stations for electric cars that drivers could rent as part of the BlueIndy program, a partnership between the city and the France-based Bollore Group.
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IU Health consolidation would cut 3 downtown hospitals to 2

June 20, 2014
J.K. Wall
Indiana University Health wants to consolidate its University and Methodist hospitals into one downtown location, a plan that would see one or both facilities close or be converted to another use.
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IU Health to merge 2 downtown hospitals

June 20, 2014
J.K. Wall
Indiana University Health wants to merge two of its big downtown hospitals—University and Methodist—into one location, meaning either one or both would close or be converted to another use.
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Budget leaders examine Healthy Indiana financing

June 20, 2014
Associated Press
Members of the State Budget Committee took a detailed look Friday at how Gov. Mike Pence would pay for "Healthy Indiana Plan 2.0," his proposal to expand insurance coverage using a state-run plan instead of traditional Medicaid.
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Plainfield logistics firm to move to new HQ

June 20, 2014
Mason King
Plainfield-based Hanzo Logistics plans to move about a half-mile north to a new $17 million headquarters and distribution facility, expected to be complete in September.
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Defendant in Land Bank fraud case pleads guilty

June 20, 2014
Cory Schouten
One of five defendants in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty in a deal with federal prosecutors.
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Indiana unemployment rate holds steady

June 20, 2014
 IBJ Staff
The state's jobless rate held firm in May at 5.7 percent, following nine straight months of declines.
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New law paves way for more adult high schools

June 20, 2014
Alec Gray, The Statehouse File
To get approved, a school must have programming that differs from a regular high school, has flexible scheduling, provides the majority of the instruction in the classroom, and offers dual credit or industry certifications.
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For-profit education company warns it may have to shut down

June 20, 2014
Associated Press
Corinthian Colleges is a competitor of Carmel-based ITT Educational Services Inc. Firms in that field have seen enrollment drop amid heightened government scrutiny.
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State makes moves to clean up voter lists

June 20, 2014
Allie Nash, The Statehouse File
Many Hoosiers will be receiving postcards this week requesting updated information as part of a statewide effort to clean up voter-registration information.
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State awards $8 million in school-improvement grants

June 20, 2014
Paige Clark, The Statehouse File
The grants – funded by the federal government – are awarded to schools that demonstrate a need for the money and plan to use the funds to raise achievement levels.
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Poll: Many struggle to pay health premiums under Obamacare

June 19, 2014
Associated Press
Most people who signed up under President Barack Obama's health care law rate their new insurance highly, but a substantial number are struggling with the cost, according to a poll released Thursday.
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Ivy Tech to offer entrepreneurship certificate programs

June 19, 2014
Paige Clark, The Statehouse File
Ivy Tech Community College will offer new certificates in entrepreneurship at 31 campuses starting in August.
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Indiana chief justice pick may not be immune to politics

June 19, 2014
Associated Press
Even though Gov. Mike Pence won't make the appointment, experts say politics could influence the selection of a new chief justice.
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Audit finds 'intentional misuse' of funds by Elevate Ventures

June 19, 2014
Dan Human, Associated Press
The Office of the Inspector General of the U.S. Treasury Department says Elevate Ventures “intentionally misused” almost $500,000 in taxpayer funds when the state contractor invested in a company run by its board chairman.
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Carmel retailers play defense against U.S. 31 construction

June 19, 2014
Andrea Muirragui Davis
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
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Indiana Toll Road operator facing debt woes

June 19, 2014
Associated Press
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
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Sports memorabilia forfeited to help repay Ball State

June 19, 2014
Associated Press
A New York City man who pleaded guilty to wire fraud for his role in an investment fraud scheme that cost Ball State University $3.8 million has agreed to forfeit a baseball jersey autographed by Mickey Mantle and boxing gloves autographed by Mike Tyson.
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Anderson, Purdue look to create high-tech center

June 19, 2014
Associated Press
The Purdue Polytechnic Institute being planned in Anderson could have programs for 500 students and hundreds of entrepreneurs.
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Wal-Mart to open e-commerce center in Plainfield

June 19, 2014
 IBJ Staff
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
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Simon promotes longtime treasurer to CFO

June 19, 2014
 IBJ Staff
Simon Property Group Inc. announced Wednesday the promotion of Andrew Juster to chief financial officer, succeeding longtime CFO Stephen Sterrett.
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Lilly gives $1.3M to TechPoint to launch new program

June 19, 2014
 IBJ Staff
Interns in the first Xtern program will live together at IUPUI and work at 12 of the city's tech companies, including ExactTarget, Interactive Intelligence, Apparatus, HC1, Smarter Remarketer and Tinderbox.
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Report says school voucher changes cost state $16M

June 18, 2014
Associated Press
An Indiana Department of Education report shows that changes to the state's private school voucher program are costing the state roughly $16 million. Voucher supporters questioned the report's accuracy.
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Work to resume Thursday on fatal tunnel project

June 18, 2014
Associated Press
A utility company says construction will resume Thursday on a project to build a sewer tunnel 250 feet beneath Indianapolis where a worker was killed last week.
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